INDIAN SILVER
Neeraj Chopra: Indian farmer's son who made Olympic history
Neeraj Chopra, India's Olympic javelin gold medalist, returns to defend his title in Paris after making history in Tokyo 2021. Hailing from a farming background, Chopra's success inspired youth across rural India to take up javelin. With multiple accolades including a world championship, Asian Games, and Commonwealth Games golds, Chopra remains humble and driven. His personal best is 89.94m, aiming for over 90m amidst tough competition like Germany's Max Dehning. Despite fame, Chopra stays grounded, embodying the spirit of a "man of the people."
What is inside Anant Ambani's wedding invitation? Gold idol, silver temple and more
Anant Ambani's wedding invitation is a testament to opulence and tradition, seamlessly blending luxurious design elements with cultural heritage. The invitation features intricate details, high-quality materials, and a sophisticated presentation that reflects the grandeur of the upcoming event. Each aspect of the invitation, from its elegant typography to its ornate embellishments, underscores the significance of this momentous occasion.
Bharat Forge's Amit Kalyani on what's wrong with India's EV model and whether green hydrogen is the silver bullet
The London session emphasized innovative EV approaches, green financing, and electrification for energy transition. It celebrated the London Stock Exchange's role in supporting Indian companies and capital flows, showcasing financial expertise for India's growth.
Gems, jewellery exporters seek import duty cut on gold, silver, platinum bars to 4 pc in Budget
Against the backdrop of the macroeconomic scenario, the council urged the government to take measures to revive exports in this sector. It also requested to introduce the sale of rough diamonds in SNZs (special notified zones); and "reduce the import duty on gold, silver, and platinum bars to 4 per cent; and introduce duty drawback on exports of platinum jewellery to take advantage of India UAE comprehensive economic cooperation agreement".
Indian recurve mixed team wins bronze medal in Archery World Cup
This was India's third medal from the meet and the archers will be in the hunt for two more medals when Dhiraj and Ankita Bhakat compete in their respective individual semifinals later in the day.
Indian women archers grab hat-trick of World Cup gold medals; Priyansh bags silver
Indian compound women's archery team of Jyothi Surekha Vennam, Aditi Swami, and Parneet Kaur secured a hattrick of World Cup gold medals by defeating Estonia in the third stage. The Indian male compound archer Priyansh is competing for a bronze, while Ankita Bhakat and Dhiraj Bommadevara are in the hunt for medals in the recurve section.
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Fundamentals suggest silver prices have room for further upside
Gold prices surged above ₹90,000 per kg in India and $30 per ounce internationally due to bets on potential interest rate cuts amid signs of a weakening US economy. However, further confirmation of cooling inflation is awaited before any rate cut decision.
Silver's the new gold as startups rejig CXO portfolio
Many startups, particularly those gearing up for public listing, now consider youth and experience a winning combination. Having experienced leaders instills confidence in investors and markets, who view it as an indicator of stability and potential for success, said company founders and industry watchers.
It's four more Lions for team India at Cannes
Indian contingent at Cannes Lions 2024 won silver and bronze Lions. Tgthr/ Reckitt's Harpic Loocator and Leo Burnett India's Lay's campaigns received silver Lions in the 'Glass: The Lion for Change' category.
Indian contingent bags two more silver Lions
India won two silver Lions at Cannes Lions, bringing the total tally to 11. Elon Musk appeared at the event in conversation with WPP CEO Mark Read, discussing the future and AI risks.
Malayalam cinema dazzles on silver screens in 2024
Malayalam film industry has a blockbuster year with ₹720 crore box office collections. Top grossing movies include Manjummel Boys, Aadujeevitham, Aavesham, and Premalu. E4 Entertainment founder Mukesh Mehta highlights the success of diverse Malayalam films. Malayalam cinema is gaining traction in North America and Europe, according to NV Capital cofounder Nitin Menon.
Five more and counting: India's Cannes show continues; wins include silver & bronze Lion for Earlyman Film ad
Indian agencies have secured five Lions at the Cannes Lions, marking a significant achievement for the country. Earlyman Film won a silver and bronze Lion for their 'Jindal Steel-The Steel of India' ad, while Ogilvy Mumbai's Cadbury 5 Star 'Erase Valentine's Day' campaign, Leo Burnett Mumbai's Gatorade 'Turf Finder' campaign, and VML Mumbai's Coca-Cola 'Sing to Remember' campaign each received a bronze Lion.
Cannes Lions 2024: India off to a good start with one silver, two bronzes
India performed well on the first day of the Cannes Lions International Festival of Creativity, often referred to as the Oscars of the ad-world. They secured one Silver and two Bronze Lions. Ogilvy Mumbai was awarded a Silver Lion for their innovative 'Megh Santoor' campaign for Brooke Bond Taj Mahal tea, featuring a musical billboard that played 'Raag Megh Malhar' when it rained.
How to build a multi-asset portfolio using ETFs
A carefully determined asset allocation can be used to construct a portfolio across asset classes and rebalance the portfolio from time to time. Exchange traded funds (ETF) can come in handy for this purpose.
Gold Rate Today: Yellow metal slips below Rs 71,300/10 grams, silver declines Rs 1370/-Kg
Gold prices declined on Monday as traders awaited further U.S. economic data following recent indications of stabilized inflation, raising expectations for a potential interest rate cut by the Federal Reserve later in the year.
Learn with ETMarkets: What do global economic trends, and their implications mean to gold, currency markets?
The Indian rupee tends to weaken during such times due to increased risk aversion and capital outflows. A weaker rupee makes gold and silver more expensive in the domestic market, potentially leading to profit booking and increased liquidity among investors.
Silver Medal Linings: In sports, business, or elections, it is the runner-up who defines a memorable winner
Evolution has hardwired into us the idea of a winner and, by the principle of complementarity, a loser. Out of breath and hiding away from a sabre-toothed tiger, managing to grab a seat on one of those Polynesian canoes headed to Hawaii (no stops), escaping the yearning jaws of prehistoric crocodiles at a watering hole, it was either ancient cremation rites or a few extra happy years for furthering hominid genes. Not a surprise that our genes learnt to be selfish, to think of a binary of win or lose.
Indian women's compound archery team strikes gold, mixed team bags silver in World Cup
Asian Games champion Jyothi, however, failed to add a second gold to her kitty as she along with Priyansh squandered an opening round lead to go down to the USA's Olivia Dean and Sawyer Sullivan by two points (155-153) in the compound mixed team final.
Gold price spike pushes Kancheepuram silk saris prices by 50%, sales plummet
As the wedding season approaches, families shopping for Kancheepuram silk saris face sticker shock due to soaring gold prices, prompting a shift in consumer preferences. Retailers like RmKV report a 20% decline in sales, while industry insiders reveal a staggering 50% price hike over the past eight months.
Pulse’s DSFL crosses Rs 1,000 crore mark, aims for Rs 5,000 crore in next 5 years
DS Group's confectionary arm, Dharampal Satyapal Foods Ltd. (DSFL), reported a sales turnover of over Rs 1,000 crore in FY24. The division has achieved a compound annual growth rate (CAGR) of over 20% over the past three years, outpacing the industry's 9% growth. Vice chairman Rajiv Kumar credits this success to strategic indigenization, an expanded product portfolio, and a vast distribution network. DSFL aims for a sales turnover of Rs 5,000 crore in the next five years, with a CAGR of about 30%, by growing both organically and through acquisitions.
Hindustan Zinc shares double in 1 month but the boom isn't so much about zinc
Hindustan Zinc is also the best-performing metal stock in 2024 so far with a staggering return of 146% YTD. It is India's only silver producer and after recording its highest-ever silver production in FY24, it has become the third-largest silver producer globally.
Gold trade urges introduction of hallmarking for 9-Carat gold amid record prices
The gold trade has called for hallmarking and HUID numbers to be introduced for 9-carat gold amid record-high prices of both gold and silver, making them unaffordable for many. Silver reached ₹92,444 per kg and gold approached ₹75,000 per 10 gm in Mumbai's Zaveri Bazaar. Officials from the India Bullion & Jewellers Association (IBJA) met with BIS executives to discuss the matter. IBJA emphasized that allowing hallmarking for 9-carat gold could enable consumers to purchase heavier jewellery within their budgets.
India wins silver and bronze on Day 3 of World Para Athletics Championships
Indian team wins silver and bronze in World Para Athletics Championships. Nishad Kumar, Preethi Pal shine. China leads medal tally. Championships end May 25.
Federation Cup: Neeraj Chopra wins gold in first domestic event after three years
Olympic champion Neeraj Chopra clinched gold in the Federation Cup with a throw of 82.27 meters, marking his return to domestic events after three years. Earlier, Chopra secured second place at the Doha Diamond League meeting's javelin throw event, narrowly missing out on the top spot by just two centimeters to Jakub Vadlejch of the Czech Republic. Despite a valiant effort, Chopra trailed behind Vadlejch, who secured victory with a throw of 88.38 meters in the third round.
Akshaya Tritiya 2024: Why do people buy gold on this auspicious day?
Hindus celebrate Akshaya Tritiya, believed to bring endless prosperity. The name itself - Akshaya (eternal) and Tritiya (third) — signifies the third day of the auspicious Vaisakha month. Gold, a symbol of wealth, is a popular purchase on this day, ensuring long-lasting prosperity. Know the significance of Akshaya Tritiya and why it is an auspicious time to buy gold
Sachin Tendulkar tribute timepiece set to headlines AstaGuru's ‘The Exceptionals’ auction
AstaGuru is gearing up for an exciting auction titled 'The Exceptionals', featuring an array of exquisite jewelry, vintage silver pieces, and luxury timepieces. One standout item is an Audemars Piguet Royal Oak Offshore watch paying tribute to cricket icon Sachin Tendulkar. This limited edition watch, inspired by the Indian cricket team's uniform, is highly coveted by horological and sports enthusiasts alike.
Mark Zuckerberg: The Meta-morphosis of the man who perhaps 'chained' you to Facebook
Leading up to Meta's quarterly earnings report, a viral image of Mark Zuckerberg wearing a silver chain sparked widespread attention, overshadowing his AI announcements. The sudden focus on Zuckerberg's appearance signals a shift in Silicon Valley's image game, with the former tech icon now embracing a more relatable and diverse fashion sense.
Govt updates list of banks authorised to import gold, silver during FY25
The government updated the list of banks authorized to import gold and silver for the fiscal year 2024-25. Eleven banks, including HDFC Bank and ICICI Bank, received authorization from the Reserve Bank of India (RBI) to import gold and silver from April 1, valid until March 31 next year.
Between a rock & hot gold, Indians romancing the stone
Gold and silver prices rallied on Thursday after the US Federal Reserve maintained that it would cut interest rates three times in 2024. The weakening of the dollar and prospects of increased liquidity coupled with lower interest rates sparked the rally, said experts.
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